GDP misses on Q4

[Cellblock2429]

Like I said, don't trust the jobs numbers

The U.S. adds 172,000 jobs. Many are in restaurants, bars and hotels​

Hotels, like Trump Hotels. I don't believe the numbers.

And how are restaurants hiring when people aren't going out to eat as much? This smells like bullshit.

U.S. employers added jobs for the third month in a row in May, according to a report Friday from the Labor Department. Job gains for March and April were also revised significantly higher.


Restaurants and bars added 48,000 jobs last month in anticipation of strong summer demand, while the overall hospitality industry added 70,000 jobs. Construction companies and local governments were also hiring. Healthcare, which has been a steady source of employment gains, added another 35,000 jobs.

Back when Biden had the economy going great, late 2024, you guys said it didn't "feel" like it. Well, it sure doesn't feel like a good economy right now. Prices for everything are way up.

The poll, released June 2, showed that about 61% of Americans said they disapproved of how Trump handled his job as president. Trump’s current net job approval is at around -26, which is the lowest seen in an Economist/YouGov poll in any week across either of Trump’s terms in office.

According to the latest poll, Independents have also become more negative towards Trump’s time in office. According to YouGov, a record high 71% Independents say they disapprove of Trump’s job, another low not seen in either of the president's terms in office.

13% agree with you

The poll released May 27 also found 63% of Americans say the economy is getting worse, compared to 13% who responded it was getting better.

/---/ "Like I said, don't trust the jobs numbers"
Yeah, we understand. Anything that supports Trump's economy you will automatically reject. What you can't deny is that the job numbers kill any chance for a rate reduction that Trump wants, and the market agrees.
S&P 500
7,383.26
-201.05 -2.65%

Dow 30
50,865.07
-696.86 -1.35%

Nasdaq
25,713.26
-1,117.70 -4.17%

Russell 2000
2,830.86
-104.47 -3.56%

 

[sealybobo]

/---/ "Like I said, don't trust the jobs numbers"
Yeah, we understand. Anything that supports Trump's economy you will automatically reject. What you can't deny is that the job numbers kill any chance for a rate reduction that Trump wants, and the market agrees.
S&P 500
7,383.26
-201.05 -2.65%

Dow 30
50,865.07
-696.86 -1.35%

Nasdaq
25,713.26
-1,117.70 -4.17%

Russell 2000
2,830.86
-104.47 -3.56%

No, Trump is a liar. Find me 50,000 more votes? Just say you will pay for the wall even if you really won't? Trump is a liar. No, I don't trust the numbers especially when they make no sense.

Trump has gone out of his way to win over not just restaurant owners but also employees who get tips. I'm sure they will say they each hired 5 more people than they actually hired. Just like Trump asked the Georgia SOS to "find" him 50,000 more votes. As if that's easy. He said "come on, gimme a break" as if he's had it done before. Did Rick Snyder rig Michigan for Trump in 2016?

 

[Cellblock2429]

No, Trump is a liar. Find me 50,000 more votes? Just say you will pay for the wall even if you really won't? Trump is a liar. No, I don't trust the numbers especially when they make no sense.

Trump has gone out of his way to win over not just restaurant owners but also employees who get tips. I'm sure they will say they each hired 5 more people than they actually hired. Just like Trump asked the Georgia SOS to "find" him 50,000 more votes. As if that's easy. He said "come on, gimme a break" as if he's had it done before. Did Rick Snyder rig Michigan for Trump in 2016?

/----/ You just can't handle the truth. And that "Mexico will pay for the wall" rant is over ten years old. Nobody cares, because Mexico is losing money left and right with the closed border.
I know you won't bother reading this.
How Mexico is paying:

• The Remittance Drop: According to data analyzed by organizations like the Inter-American Dialogue, heightened immigration enforcement and a sharp drop in new irregular entries led to a roughly $3 billion loss in remittance value during the first full year of tightened policies (representing about a 4% decline compared to previous record highs).
• Since remittances are a vital pillar for consumer spending in Mexico, this decline directly impacts local economies, particularly in rural states. However, recent data from early 2026 suggests remittance flows are beginning to stabilize and show minor recovery signs
• Daily Trade Disruption: The U.S. and Mexico engage in roughly $1.5 billion to $1.7 billion in cross-border trade every single day. Over 80% of this moves via surface transport (trucks and rail).
• Supply Chain Paralysis: A hard closure would immediately freeze the North American manufacturing ecosystem—especially the automotive, electronics, and agricultural sectors. Mexico is a primary source of intermediate parts for U.S. manufacturing; stopping this flow would trigger an immediate recession in both countries within months.
• Border Crossings & Retail Losses: Legal cross-border travelers and shoppers from Mexico spend billions annually in U.S. border states. When localized closures or severe slowdowns occur (similar to what was experienced during the 2020 pandemic restrictions), Mexican retail sales and agricultural exports (like fresh produce) see multi-million-dollar weekly contractions due to spoilage and a lack of mobility.
• The Impact of Delays: Even minor disruptions matter. Studies show that merely increasing border wait times by 10 minutes cuts millions in economic output monthly and reduces intermediate sales and aggregate demand inside Mexico by roughly 2.4%.
• Remittances to Mexico grow 2 months in a row after decline in 2025.

 

[Papageorgio]

Like I said, don't trust the jobs numbers

The U.S. adds 172,000 jobs. Many are in restaurants, bars and hotels​

Hotels, like Trump Hotels. I don't believe the numbers.

And how are restaurants hiring when people aren't going out to eat as much? This smells like bullshit.

U.S. employers added jobs for the third month in a row in May, according to a report Friday from the Labor Department. Job gains for March and April were also revised significantly higher.


Restaurants and bars added 48,000 jobs last month in anticipation of strong summer demand, while the overall hospitality industry added 70,000 jobs. Construction companies and local governments were also hiring. Healthcare, which has been a steady source of employment gains, added another 35,000 jobs.

Back when Biden had the economy going great, late 2024, you guys said it didn't "feel" like it. Well, it sure doesn't feel like a good economy right now. Prices for everything are way up.

The poll, released June 2, showed that about 61% of Americans said they disapproved of how Trump handled his job as president. Trump’s current net job approval is at around -26, which is the lowest seen in an Economist/YouGov poll in any week across either of Trump’s terms in office.

According to the latest poll, Independents have also become more negative towards Trump’s time in office. According to YouGov, a record high 71% Independents say they disapprove of Trump’s job, another low not seen in either of the president's terms in office.

13% agree with you

The poll released May 27 also found 63% of Americans say the economy is getting worse, compared to 13% who responded it was getting better.

And when this happened under Obama and there were low paying jobs, you were silent, what changed beside the R and the D after their name?

You nuts crack me up.

 

[sealybobo]

And when this happened under Obama and there were low paying jobs, you were silent, what changed beside the R and the D after their name?

You nuts crack me up.

How did Obama do?

We have generally organized the policies that would boost wages for most workers into three broad buckets: generating full employment and a “high-pressure” labor market, supporting or creating institutions and standards that boost workers’ bargaining power, and providing a countervailing force against the power of the top 1 percent to claim excess shares of economic growth.

A. Bet he did better than Trump.
B. Bet Biden did too.

Trump just made federal workers right to work, correct? That's a step backward for workers. High paying government jobs gone, that's a blow for workers. You may not like how Democrats fight for the middle class. You've been brainwashed and would call it socialism. Government intervention. Well dude, I got news for you. The government is involved.

And I think kids understand better than you that capitalISM is just another ism that can be corrupted/ruined. And ours has.

Not for me completely. Despite all the shortcomings of Capitalism, I'm a successful Earner in America. Not an Owner but an earner.

 

[Cellblock2429]

How did Obama do?

We have generally organized the policies that would boost wages for most workers into three broad buckets: generating full employment and a “high-pressure” labor market, supporting or creating institutions and standards that boost workers’ bargaining power, and providing a countervailing force against the power of the top 1 percent to claim excess shares of economic growth.

A. Bet he did better than Trump.
B. Bet Biden did too.

Trump just made federal workers right to work, correct? That's a step backward for workers. High paying government jobs gone, that's a blow for workers. You may not like how Democrats fight for the middle class. You've been brainwashed and would call it socialism. Government intervention. Well dude, I got news for you. The government is involved.

And I think kids understand better than you that capitalISM is just another ism that can be corrupted/ruined. And ours has.

Not for me completely. Despite all the shortcomings of Capitalism, I'm a successful Earner in America. Not an Owner but an earner.

/-----/ "Trump just made federal workers right to work, correct? "
Like the Old Faithful geyser, you're wrong again.

The short answer is no, that statement is not accurate. The forum commenter is conflating two completely different labor concepts: "Right-to-Work" laws and "At-Will" employment (specifically via civil service reclassification).

Here is the actual breakdown of what is happening with federal workers and why the term "right to work" doesn't apply here.

1. Federal Workers Are Already "Right to Work"​

By law, the entire federal public sector has been "right to work" for decades. Under the Civil Service Reform Act of 1978, federal employees cannot be forced to join a union or pay union dues as a condition of keeping their jobs. Therefore, an executive order cannot make federal workers "right to work" because they already are.

2. What the Commenter is Actually Referring To​

The user on the forum is misinterpreting recent, highly publicized executive actions regarding the federal bureaucracy. The Trump administration has implemented two major initiatives that affect federal workers, but neither are "right-to-work" policies:

• Reclassifying Roles to "At-Will" Status (Schedule Policy/Career): On June 3, 2026, the administration formalized an executive order implementing the Schedule Policy/Career classification (a successor to the previous "Schedule F" concept). This strips traditional civil service job protections from roughly 8,000 high-level, policy-influencing career positions (mostly GS-15 and senior-level roles), making them at-will employees who can be fired more easily.
• Exclusions from Collective Bargaining: The administration has also utilized executive orders to strip collective bargaining rights from over a million federal workers across dozens of agencies tied to national security, public safety, and defense, allowing agencies to terminate long-standing union contracts.

 

[sealybobo]

And when this happened under Obama and there were low paying jobs, you were silent, what changed beside the R and the D after their name?

You nuts crack me up.

Are you too dumb to understand that Democratic policies

/-----/ "Trump just made federal workers right to work, correct? "
Like the Old Faithful geyser, you're wrong again.

The short answer is no, that statement is not accurate. The forum commenter is conflating two completely different labor concepts: "Right-to-Work" laws and "At-Will" employment (specifically via civil service reclassification).

Here is the actual breakdown of what is happening with federal workers and why the term "right to work" doesn't apply here.

1. Federal Workers Are Already "Right to Work"​

By law, the entire federal public sector has been "right to work" for decades. Under the Civil Service Reform Act of 1978, federal employees cannot be forced to join a union or pay union dues as a condition of keeping their jobs. Therefore, an executive order cannot make federal workers "right to work" because they already are.

2. What the Commenter is Actually Referring To​

The user on the forum is misinterpreting recent, highly publicized executive actions regarding the federal bureaucracy. The Trump administration has implemented two major initiatives that affect federal workers, but neither are "right-to-work" policies:

• Reclassifying Roles to "At-Will" Status (Schedule Policy/Career): On June 3, 2026, the administration formalized an executive order implementing the Schedule Policy/Career classification (a successor to the previous "Schedule F" concept). This strips traditional civil service job protections from roughly 8,000 high-level, policy-influencing career positions (mostly GS-15 and senior-level roles), making them at-will employees who can be fired more easily.
• Exclusions from Collective Bargaining: The administration has also utilized executive orders to strip collective bargaining rights from over a million federal workers across dozens of agencies tied to national security, public safety, and defense, allowing agencies to terminate long-standing union contracts.

Oops. My bad. Bottom line

Trump strips job protections from 8,000 federal workers​

This hurts workers. This is a big difference between Democrats and Republicans. Republicans clearly are anti labor.

 

[Correll]

How did Obama do?

We have generally organized the policies that would boost wages for most workers into three broad buckets: generating full employment and a “high-pressure” labor market, supporting or creating institutions and standards that boost workers’ bargaining power, and providing a countervailing force against the power of the top 1 percent to claim excess shares of economic growth.

A. Bet he did better than Trump.
B. Bet Biden did too.

Trump just made federal workers right to work, correct? That's a step backward for workers. High paying government jobs gone, that's a blow for workers. You may not like how Democrats fight for the middle class. You've been brainwashed and would call it socialism. Government intervention. Well dude, I got news for you. The government is involved.

And I think kids understand better than you that capitalISM is just another ism that can be corrupted/ruined. And ours has.

Not for me completely. Despite all the shortcomings of Capitalism, I'm a successful Earner in America. Not an Owner but an earner.

But, you are AGAINST raising wages for workers.

 

[Cellblock2429]

Are you too dumb to understand that Democratic policies

Oops. My bad. Bottom line

Trump strips job protections from 8,000 federal workers​

This hurts workers. This is a big difference between Democrats and Republicans. Republicans clearly are anti labor.

/—-/ Much better.
Federal workers should never have been allowed to organize a union.